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Nasdaq-Simple Intraday Strategy

  • #4,841
  • Jul 2, 12:40pm (28 hr ago) Jul 2, 12:40pm (28 hr ago)
What a sell-off.
May be TL will provide a resistance...
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  • #4,842
  • Jul 3, 7:50am (9 hr ago) Jul 3, 7:50am (9 hr ago)
good day all, I think today could be sell off friday
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  • #4,843
  • Jul 3, 7:56am (9 hr ago) Jul 3, 7:56am (9 hr ago)
Quoting Fadhl
What a sell-off. May be TL will provide a resistance... {image}
Good Friday!
Market will close at 1p.m. today. So no much to see...
Yesterday close was bearish.
TL provided resistance and price retraced up to 61.8 Fib which is a VA to sell.
From TA perspective, direction is down.
From FA perspective, direction is up.
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  • #4,844
  • Jul 3, 8:34am (8 hr ago) Jul 3, 8:34am (8 hr ago)
Quoting Fadhl
{quote} Good Friday! Market will close at 1p.m. today. So no much to see... Yesterday close was bearish. TL provided resistance and price retraced up to 61.8 Fib which is a VA to sell. From TA perspective, direction is down. From FA perspective, direction is up. {image}
hi, please, why the FA is up?
  • #4,845
  • Jul 3, 9:02am (8 hr ago) Jul 3, 9:02am (8 hr ago)
Quoting galgo
{quote} hi, please, why the FA is up?
Inflation is not overshooting yet and slower employment/slower economy =) so no rush to increase rates; i.e., expectations were for a rate increase in July (yeah this month) and now it's postponed to December unless Inflation overshoot in the next data releases...
  • #4,846
  • Edited 11:50am Jul 3, 9:34am (7 hr ago) | Edited 11:50am
Took a short at 29663(1)
-another short at 29650(2)
-(2) closed with -25points
-closed (1) with +7points
  • #4,847
  • Last Post: Jul 3, 12:20pm (5 hr ago) Jul 3, 12:20pm (5 hr ago)
Quoting galgo
good day all, I think today could be sell off friday{image}
so, not sell off friday, see you next week. Daily bar close inside yesterday...
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